Once it gets to the 30's there may be volatile downward spikes that may not follow the remaining technicals.
What's Coming They are using credit to make debt payments. And some of the debt interest will be paid by the use of common shares ... More Dilution.
Pretty soon the company will start to default on collaboration projections, then they will be forced to renegotiate their bad terms into even worse terms.
The 1st Quarter Report will confirm the drop somewhere in the low 0.30's . This will help set-up for the reverse split. The report will be due the first week of May.
Is There Anything Else ? Yes. Keep an eye on the Overall Market. And keep your eye on The White House.
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